# PPP loan: CONTACT ELECTRIC CORP
> **$1.13M** approved 02/06/2021 · Paid in Full · Loan `4356928408`
## Borrower
- **Name:** CONTACT ELECTRIC CORP
- **Address:** 1266 36th St, Brooklyn, NY, 11218-2010
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 91
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*